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Xeneta Weekly Ocean Container Shipping Market Update: Spot rates split sharply this week

Spot rates split sharply this week: up 14% into the US West Coast while Asia to Europe falls 5%. Peter Sand on Hormuz transits and last-minute blanked sailings. Peter Sand, Xeneta Chief Analyst: “As the ‘dance macabre’ for all stakeholders within the maritime supply chains continues around the Strait of Hormuz; uncertainty leaves maritime safety ...

We haven't written up this one. Hellenic Shipping News has the full story — the link below goes straight to it.

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